Well, when it comes to warehouse and logistics space, it seems the uncertainty surrounding our forthcoming departure from the European Union has not had a significant or major impact!
We’ve always viewed warehouse space as an essential and in-demand asset for any business, and now it seems our long-standing beliefs are reaching further afield. According to recent research by property expert Savills, take-up of industrial space has increased by a mind-boggling 731% since 2008 thanks to the boom in online retail – a marketplace seemingly able to keep Brexit uncertainties firmly at arm’s length.
But a lack of available warehouse space has forced many of the UK’s burgeoning e-commerce companies to revisit their strategies when it comes to logistics. Speculative development has reduced by a massive 75% over the past decade, meaning the competition for available warehouse-friendly land has intensified. Moreover, with many UK companies planning to base their operations solely on home soil following Brexit, demand for space looks set to increase even further.
Here at Spaceway, we will be on hand to help these companies maximise use of their existing units, enabling them to put down solid, long-term roots rather than being forced to look at potential moves in a marketplace driven by increased demand and lack of stock.
Our warehouse design and space-saving services can double unit space, by adding mezzanine floors to increase capacity and racking and shelving solutions to make the most of every inch. Many businesses fail to make use of warehouse height with solutions like mezzanine floors – an error when you consider business rates are charged on square footage, meaning height is essentially FREE!
Spaceway’s design and build mezzanine floor service ensure a quick turnaround, too, with prefabrication and installation in kit form. Time is money and, as e-commerce companies expand, the former becomes even more of a precious commodity than the latter.
Spaceway director Dominic O’Brien said: “While Brexit continues to cast a cloud of doubt over the nation, the warehousing and logistics sector is going from strength-to-strength in the face of that uncertainty.
“Spaceway will play a key role as e-commerce companies look to make the best use of their existing units, with many possibly looking to expand their operations in the coming years while faced with the kind of demand for stock usually reserved for domestic housing.“We’ve long been advocates of making the best use of what you have rather than embarking on a mission to move your operation and I’m certain Spaceway will continue to be at the forefront of solutions for the online retail industry as we move towards Brexit and beyond.”
To find out how Spaceway can help maximise your warehouse space, speak to one of our experienced team today on 0800 085 1022.